RBI imposes monetary penalty on KLM Axiva Finvest Limited

T1Covered by 1 source · first reported by RBI press releases (India) at 24 Sept, 12:11 UTC

The Reserve Bank of India (RBI) has, by an order dated September 22, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two lakh seventy thousand only) on KLM Axiva Finvest Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on ‘Auction’ procedure…

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Sources

• T1RBI imposes monetary penalty on KLM Axiva Finvest LimitedRBI press releases (India)24 Sept, 12:11